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Length of Boat Loans. Fixed rate boat loan terms are available from 15, 20 years, the terms available are based on the amount you are looking to borrow. The rate of your boat loan is determined by many key factors outside of your credit score.
Berths are either general or specific to the types of vessel that use them. The size of the berths varies from 5â10 m (16â33 ft) for a small boat in a marina to over 400 m (1,300 ft) for the largest tankers. The general rule of thumb is berth lengths should be roughly 10% longer than the maximum.